HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Wyloo bid not declared superior, yet
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I don't know for sure, but,ithink. BHP would have 5 working days to match or up their bid once Noront declares the Wyloo bid superior, I think that's how it works,

If I knew I was going to be fired by the company who's bidding against the company I want to take over Noront, it doesn't make my selection any easier. But for the sake of the process and the superior proposal by Wyloo, it makes sense from a shareholder point of view,

The road EA process moving forward is a positive step.

BHP to win out right, so I think a higher bid is more thanlikelythan.$.70 or $.80,

$1.50-$2.00 to start off this war on the right foot.

Spot

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